Ship Monk

OCTOBER 17, 2022

3PL —a simple abbreviation for one of the most complex, integrated, helpful entities operating in the eCommerce landscape. 3PL stands for third-party logistics, and at a glance a 3PL partner provides eCommerce brands with solutions to their fulfillment needs. Don’t worry; you can change later on. So let’s talk PLs 1 – 5.

eCommerce 78

eCommerce 3PL Logistics Network Optimization Software Supply Chain Design Software 78

Ship Monk

NOVEMBER 14, 2022

If that sounds like you, then you’re probably an ecommerce business owner. While ecommerce has experienced boom after boom, 2022 has proven to be an interesting year in its already storied history. Ecommerce growth is expected to be up about 2.5% 1 Plan Ahead… Way Ahead. Slice of cake. Fruitcake. #2 What did you learn last year?

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Ship Monk

SEPTEMBER 29, 2022

In PART 1 of our “Peak Season 2022 Guide for eCommerce Brands” we discussed the major problems that affect eCommerce brands for peak season 2022, and the solutions entrepreneurs can seek to resolve them. It can be difficult for eCommerce brands, (DTC brands in particular) to prep for the onslaught of Black Friday sales.

eCommerce 52

eCommerce Inventory Reduction Supply Chain Planning Software Supply Chain Software 52

FW Logsitcs

MAY 13, 2024

But managing eCommerce shipping in-house can be a logistical nightmare for high-growth brands. Learn how mastering e-Commerce shipping can optimize efficiency and boost success. Why e-Commerce Shipping Matters for Business Growth In the competitive world of eCommerce, a seamless customer experience is no longer a luxury.

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Supply Chain Design Software Supply Chain Software Inventory Reduction Cost Reduction 52

Ship Monk

JULY 27, 2022

For an eCommerce business owner, the answer is obvious: How the heck do I get a handle on my inventory management ?! Keep reading to learn what demand forecasting is, why you need it, and how to implement it into your eCommerce strategy! If you had a crystal ball, what is the first thing you would ask?

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Ship Monk

MARCH 11, 2021

Take a few deep breaths, and join us for a crash course on eCommerce metrics: what they are, why you need them, and how they can help you “ Stress Less, Grow More.” But First, What Are eCommerce Metrics? In other words, we’re examining eCommerce metrics, which are simply measurements of performance. Wait — that’s our line!

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Ship Monk

SEPTEMBER 29, 2022

eCommerce Peak Season Problems and Solutions. The surge in eCommerce purchases made during this period has the potential to lead to great profits for your brand and great experiences for your customers. But that’s only if companies address eCommerce peak season problems with skill and swiftness. 1) Supplier Issues.

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eCommerce Purchasing Skills Inventory Reduction Cost Reduction 52

EazyStock

DECEMBER 13, 2020

In a perfect world, supply chain managers would be able to foresee every possible risk and threat to their supply chain and have a strategy prepared to successfully address any challenges when the moment came. Optimize Inventory. For example, did you take out a loan through the Paycheck Protection Program ?

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Supply Chain Planning Software Cost Reduction 98

GoShip Blog

FEBRUARY 7, 2023

Over the years, marketing strategies have evolved with the times, the advent of technology, and changes in consumer behavior. If your small business must survive amidst the stiff competition in the eCommerce industry, formulating an effective marketing plan that targets your specific customer base is essential.

Waste Reduction 52

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GoShip Blog

JULY 28, 2022

A returns management solution helps you handle the returned items effectively to satisfy your ecommerce customers without hurting your profit margin. . Why managing returns is important for ecommerce. The right return strategy for your business will depend on its unique needs. Determining The Best Return Policy .

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Procurement Solutions eCommerce Cost Reduction Vendor Strategies 52

Ship Monk

APRIL 28, 2021

Starting an eCommerce business is certainly no small feat, and it takes a special kind of tenacity and follow-through to find long-lasting success in such a competitive — but exciting! In practice, this could mean, for example, slowly but steadily growing your inventory instead of adding lots of items all at once. Embrace Change.

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Logistics Viewpoints

NOVEMBER 20, 2023

As ecommerce grew at double digit rates, while in store sales grew at less than the rate of inflation, retailers were looking for a way to turn their stores into a competitive weapon. Omnichannel Order Management Systems are Complex For retailers, implementing a sound omnichannel strategy can be difficult.

Cost Reduction 136

Cost Reduction Expense Reduction Inventory Reduction Modeling Software 136

Now, That's Logistics

NOVEMBER 9, 2021

Retail ecommerce increased by 75% in 2020 in Canada and is on track to expand by another 12% in 2021, according to eMarketer. This year, ecommerce will account for 13.4% For example, retailers are investing in digital platforms to reach consumers dispersed over a vast land mass while responding to competition from global e-tailers.

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Supply Chain Planning Software Supply Chain Design Software Ordering Optimization Software 147

Ship Monk

MARCH 30, 2023

Fortunately, as an ecommerce business owner, there are solid steps you can take to create or optimize a sustainable supply chain. The ecommerce supply chain spans the sourcing, manufacturing, and distribution of products. 5 Strategies for Sustainable Supply Chain Management We know the why , but what about the how ?

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Supply Chain Software Supply Chains Sourcing Strategies Material Savings 77

Logistics Viewpoints

DECEMBER 2, 2021

Many major challenges of 2021—capacity constraints, ecommerce growth and driver shortage—are rolling over into 2022 and, in addition, the environment and machine learning are becoming more important for logistics and supply chain professionals. Online buying will fuel home delivery growth, challenges and new strategies.

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Ship Monk

APRIL 30, 2024

Every ecommerce store relies on an assortment of vital components to survive and thrive, but ecommerce software is the heart of all these elements. Regardless of the size of your ecommerce brand, it doesn’t hurt to periodically reevaluate if the software tools you’re using are giving you everything you need.

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Supply Chain Design Software Supply Chain Planning Software Optimization Software Modeling Software 87

Ship Monk

SEPTEMBER 6, 2023

This is one of the simplest ecommerce metrics to calculate. For example, if your omnichannel ecommerce business processed 5,000 orders last month for a total of $300,000, the average order value for the month was $60. Simply divide total revenue during a period, by the number of orders during that same timeframe.

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Inventory Reduction Cost Reduction Expense Reduction Price Reduction 52

Logistics Viewpoints

FEBRUARY 8, 2021

Booming Ecommerce is a Megatrend; AMR last mile delivery is one potential solution. The Growth of Ecommerce. Ecommerce and omnichannel was already growing more than twice as fast as traditional retail. Many companies still struggle to achieve segmentation strategies. I was originally scheduled to speak. billion in 2018.

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Ship Monk

DECEMBER 12, 2022

When ecommerce business owners look for ways to increase revenue, they tend to focus on marketing campaigns designed to reach new customers, or promotions that entice existing customers to order more often. We’re going to give you nine examples for inspiration, but feel free to get creative. What is Average Order Value? Reduce fees.

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Ship Monk

JUNE 7, 2023

Having goals and actively monitoring, measuring, and making changes to achieve them is how ecommerce brands grow. In short, distribution metrics are performance benchmarks that span across the ecommerce order fulfillment process, from receiving inventory to delivering packages and everything in between. What Are Distribution Metrics?

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EazyStock

JANUARY 27, 2021

Focus on eCommerce. In addition to shorter lead times, lower shipping costs, no tariffs and a typically lower MOQ, domestically-source products usually are higher quality – plus, sourcing domestically can work as an attractive marketing strategy. Focus on eCommerce. Focus on eCommerce. Automation. trillion by 2023.

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Supply Chain Software Supply Chain Planning Software Inventory Reduction Supply Chains 96

Locus

MAY 25, 2022

Take last-mile deliveries for example. Here are seven key strategies that they have used to make it happen. Example: An operation manager manages order fulfillment for two different delivery zones — Zone A and Zone B. Time to bring your strategies into action using a dispatch management platform! – Statista, U.S.

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Ship Monk

MAY 26, 2022

As the world of eCommerce has evolved, warehouses have done the same to keep up with demand for fast and efficient order fulfillment. Below are just a few examples of different robots that 3PLs can use to enhance productivity. Picking and Packing Robots benefit fulfillment facilities in terms of speed and accuracy.

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CH Robinson Logistics

JUNE 23, 2021

Maintaining inventory levels and optimizing order quantities, while keeping retailer compliance requirements in mind, requires careful coordination and a strategic approach. Ecommerce has been steadily growing for years, but the boom in 2020 has had a significant impact on just about everything.

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Supply Chain Planning Software Inventory Reduction Supply Chain Software Cost Reduction 66

Logistics Viewpoints

OCTOBER 21, 2021

The rapid shifts to eCommerce during the pandemic caused retailers and brand owners alike to flex their network nodes (where goods are made and inventories are stocked) significantly. Pop up warehouses, micro fulfillment centers, and warehousing-on-demand are all examples of how the nodes are becoming increasingly dynamic.

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Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 114

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? At that point, each SKU will be taken to any convenient storage location in the warehouse.

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Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 87

Ship Monk

JANUARY 19, 2024

So, you want to start an ecommerce business. We’re happy to tell you that there are far more options than those two seemingly opposite paths to success (and many, many ecommerce businesses go both ways)! Take a seat as we explore the differences between ecommerce stores and ecommerce marketplaces, and list the pros and cons of each.

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eCommerce Logistics Network Optimization Software Optimization Software Purchasing Skills 89

Ship Monk

NOVEMBER 21, 2022

You’ve done the hard work of building your startup into a successful ecommerce business. Others take an educated guess and hope for the best, which isn’t a strong strategy either. The good news is that there’s an easy formula ecommerce businesses can use to calculate the optimum reorder point for each SKU in your product line.

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How To Inventory Reduction Supply Chain Software eCommerce 52

Logistics Business Magazine

SEPTEMBER 27, 2023

“The significant growth of returns aligns with explosive e-fulfilment growth over the last several years, and it is a mandate for change across every part of the supply chain,” said Andre Luecht, Global Strategy Lead for Transportation, Logistics and Warehouse, Zebra Technologies.

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Supply Chain Planning Software RFID Supply Chain Software Inventory Reduction 61

Ship Monk

OCTOBER 24, 2023

For small ecommerce brands, competition is part of daily life. Competing with bigger, sometimes even giant ecommerce brands can feel a lot like a gopher taking on a giraffe. With the right product, right team , and right tools, any small ecommerce brand can effectively challenge big ecommerce brands.

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eCommerce Eliminating Excel in Purchasing Procurement Solutions Buyer Training 64

SYSPRO Smarter ERP

MAY 14, 2024

Over the past three to five years in particular, more manufacturers have identified or accelerated their eCommerce plans. As recently as 2021, survey data reveals that 98% of manufacturers have, are, or are planning to implement an eCommerce strategy. These challenges are very real, but they are not insurmountable.

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Manufacturing Procurement eCommerce Supply Chain Planning Software Optimization Software 110

Logistics Viewpoints

MAY 15, 2023

In Southern California, for example, they have a 670,000 square foot warehouse that serves eight different fast-growing ecommerce retailers. Their selection of Blue Yonder is another example of this. The optimization associated with cobots shrinks the distances traveled. Those days, for GXO at least, are gone.

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Efficiency Supply Chain Planning Software Optimization Software Supply Chain Software 126

Ship Monk

APRIL 28, 2023

Which means in the world of ecommerce business, entrepreneurs may feel torn between making eco-friendly decisions and strategic business ones. The good news is that you can stick that stigma where the sun don’t shine because there are plenty of ways to run a profitable eco-friendly ecommerce brand. What is Sustainable Ecommerce?

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eCommerce Waste Reduction How To Material Savings 66

GoShip Blog

FEBRUARY 2, 2023

Standing out from the crowd among millions of ecommerce businesses in the US requires you to connect with your audience on an emotional level. The ecommerce industry is more competitive than it has ever been. It is the strategy a company implements to wisely utilize natural resources and conservatively meet its operational needs.

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FreightWaves SONAR

MARCH 3, 2021

The idea went something like this: There is no strategy without intelligence , so gain as much information as possible on the current state of things. The cycle provided the kind of actionable ecommerce supply chain analytics for us to evolve and improve. Premature optimization is a bad thing. Let me share an example.

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Supply Chain Software Supply Chains Data Optimization Software 90

Ship Monk

FEBRUARY 9, 2024

As the holiday shopping season reaches its peak, ecommerce business owners everywhere are crossing their fingers, hoping they have enough product in stock and that they didn’t order too much. In truth, demand forecasting, or estimating how much product you’ll sell in the future, is one of the toughest challenges for any ecommerce business.

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Ship Monk

NOVEMBER 4, 2020

To make sure we’re all on the same page, ask yourself these questions: Is your website optimized and ready to handle an influx in traffic? Try as you might, it’s virtually impossible to control all aspects of the eCommerce supply chain, and there’s no better example of that than what we’ve witnessed in the whirlwind that has been 2020.

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